Conversion Restrictions definition

Conversion Restrictions shall have the meaning set forth in Section 6(c).
Conversion Restrictions has the meaning set forth in the Certificate of Designation.
Conversion Restrictions. Notwithstanding anything to the contrary contained herein, prior to any Transfer permitted hereunder, other than Transfers pursuant to clauses (ii) or (iii) set forth opposite the caption "Transfer Restrictions" above, the Stockholder transferring such securities shall be required to convert any shares of Convertible Preferred Stock or Series B Common Stock to be transferred into shares of Series A Common Stock prior to such Transfer. In addition, TCI Sub or its permitted transferee may convert shares of Series T Preferred Stock into Series B Common Stock at its option and without the consent of the other Stockholders, but neither TCI Sub nor any permitted transferee thereof shall convert shares of Series B Common Stock to Series A Common Stock without first offering to exchange (the "Series B Exchange") with the remaining Cable Partners (on a pro rata basis) such shares of Series B Common Stock proposed to be converted for an equal number of shares of Series A Common Stock.

Examples of Conversion Restrictions in a sentence

  • Notwithstanding the provisions of Articles 27.8(d) and (e), the directors may by resolution waive the application of the Conversion Restriction to any exercise or exercises of the Share Conversion Right to which the Conversion Restriction would otherwise apply, or to future Conversion Restrictions generally, including with respect to a period of time.

  • Parent will issue the Penalty Amount only to those of its stockholders that at the time of payment are (i) not eligible to sell any Merger Consideration Shares owned by them under Rule 144 and (ii) not subject to Special Conversion Restrictions all on the following basis.

  • For the avoidance of doubt, the Conversion Restrictions set forth in this Section 4.23 shall apply to any exercise of a conversion right by a Holder of Notes, but in the case of Global Securities, only to the extent that such restrictions apply to the owners of beneficial interests in such Global Securities other than participants of the Depository who hold beneficial interests in the Notes on behalf of other Persons.

  • The Conversion Restrictions are the only restrictions on conversion to which the Subject Securities are subject.

  • Appointment Categories Notification to the Association Simultaneous Appointments Creation of a Continuing Appointment Appointment Process Conversion Restrictions on Employees Holding Term Appointments PROBATION SELECTION OF ADMINISTRATIVE STAFF DUTIES.

Related to Conversion Restrictions

  • Conversion Rights has the meaning set forth in Section 5.1.

  • Put Restriction means the days between the beginning of the Pricing Period and Closing Date. During this time, the Company shall not be entitled to deliver another Put Notice.

  • SEC Restrictions has the meaning set forth in Section 2(b).

  • Transfer Restrictions means restrictions that prohibit the sale, exchange, transfer, assignment, pledge, hypothecation, fractionalization, hedge or other disposal (including through the use of any cash-settled instrument), whether voluntarily or involuntarily by the Grantee, of an Award or any shares of Common Stock, cash or other property delivered in respect of an Award.

  • Ownership Restrictions means, collectively, the Ownership Limit, as applied to Persons other than the Initial Holder or Look-Through Entities, the Initial Holder Limit, as applied to the Initial Holder, and the Look-Through Ownership Limit, as applied to Look-Through Entities.